Texas Government Code 413.012 – Funds; Grants and Donations
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(a) All money paid to the policy council under this chapter is subject to Subchapter F, Chapter 404, Government Code.
(b) The executive director shall prepare annually a complete and detailed written report accounting for all funds received and disbursed by the policy council during the preceding fiscal year. The annual report must meet the reporting requirements applicable to financial reporting provided in the General Appropriations Act.
Terms Used In Texas Government Code 413.012
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
(c) The policy council may accept grants and donations from public and private entities in addition to legislative appropriations.